Short EU.
The push of GU creating a new low today shows that the Dollar is gaining momentum again.
The Trendline is going to be important if it breaks we should see quiet some follow through.
Also: seems like we did just form the potential right shoulder. Hopefully we will also see a lot of follow through once the Neckline of the H&S breaks.
Let the next FED speculation cycle begin. :) DXY shows a lot of bullish potential.
The question is when the Euro will reach parity
Short Euro.
The push of GU creating a new low today shows that the Dollar is gaining momentum again.
The Trendline is going to be important if it breaks we should see quiet some follow through.
Also: seems like we did just form the potential right shoulder. Hopefully we will also see a lot of follow through once the Neckline of the H&S breaks.
Let the next FED speculation cycle begin. :) DXY shows a lot of bullish potential.
The question is when the Euro will reach parity
Short Euro.